Vitago http://vitago.org The wealth apprentice Mon, 03 Dec 2007 10:37:30 +0000 http://wordpress.org/?v=2.2.1 en How Capitalism Works http://feedproxy.google.com/~r/Vitago/~3/sXZBIOj5P-0/how-capitalism-works http://vitago.org/wealth/how-capitalism-works#comments Mon, 03 Dec 2007 10:37:30 +0000 admin http://vitago.org/wealth/how-capitalism-works When applied correctly capitalism improves the strength and quality of life for investors, business leaders, employees and the government. I’m writing in really broad strokes here to explain how capitalism works and how you can take advantage of this system to make more money.

Take note: I am not an economist. If any out there come across this post, I’d sure appreciate some feedback in the comments!

Capitalism works in a way where the rich get richer and pull the rest of the community up with them. Conversely, communism works by pulling the community leaders down to the level of the rest of the community.

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]]> http://vitago.org/wealth/how-capitalism-works/feed http://vitago.org/wealth/how-capitalism-works How does the economy really work? http://feedproxy.google.com/~r/Vitago/~3/BZ8Qg6dtwxU/how-does-the-economy-really-work http://vitago.org/wealth/how-does-the-economy-really-work#comments Mon, 26 Nov 2007 10:50:28 +0000 admin http://vitago.org/wealth/how-does-the-economy-really-work Right now people are spending thousands of dollars on gifts for other people. They are doing this because they believe it is the right thing to do.

Holiday shopping can make or break a business. The last few years I’ve watched the post-season wrap-up on the news. Who made profit? Who didn’t? Who’s filing for bankruptcy?

I’ve watched American institutions like Montgomery Wards close their doors after a poor holiday performance. My sister worked there while that happened. My brother had worked there years before. It was like losing part of the family.

And that’s when the economy was good.

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]]> http://vitago.org/wealth/how-does-the-economy-really-work/feed http://vitago.org/wealth/how-does-the-economy-really-work Why strike? Writers can’t help but write (and perform) http://feedproxy.google.com/~r/Vitago/~3/-sJ8t-yzcCs/why-strike-writers-cant-help-but-write-and-perform http://vitago.org/leadership/why-strike-writers-cant-help-but-write-and-perform#comments Fri, 16 Nov 2007 08:49:26 +0000 admin http://vitago.org/leadership/why-strike-writers-cant-help-but-write-and-perform I usually stay away from embedded media. But this clip from the writers of the Daily Show explain the writers strike in clear, uncertain terms.

Hat tip to the NY Nerd for bringing it to my attention.

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]]> http://vitago.org/leadership/why-strike-writers-cant-help-but-write-and-perform/feed http://vitago.org/leadership/why-strike-writers-cant-help-but-write-and-perform A lesson in presidential leadership http://feedproxy.google.com/~r/Vitago/~3/4AAzFFtqSBs/a-lesson-in-presidential-leadership http://vitago.org/leadership/a-lesson-in-presidential-leadership#comments Sat, 10 Nov 2007 10:48:10 +0000 admin http://vitago.org/leadership/a-lesson-in-presidential-leadership It may surprise you to learn that most leaders are similar. Their attitude, care and standards are often alike. Yet, when look for leadership role models, they all seem so different. Why?

Leaders are defined by their accomplishments. Most of us are trying to be defined by our personalities.

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]]> http://vitago.org/leadership/a-lesson-in-presidential-leadership/feed http://vitago.org/leadership/a-lesson-in-presidential-leadership Buy or lease? How an investor views the marriage proposal http://feedproxy.google.com/~r/Vitago/~3/XqfdOWF8p7Q/buy-or-lease-how-an-investor-views-the-marriage-proposal http://vitago.org/wealth/buy-or-lease-how-an-investor-views-the-marriage-proposal#comments Fri, 09 Nov 2007 23:05:19 +0000 admin http://vitago.org/wealth/buy-or-lease-how-an-investor-views-the-marriage-proposal My sister in law sent this to me in an email. I thought it was particularly insightful and demonstrates the differences between the rich and not-rich-yet types of people:

Some lady posted this ad in craigslist. I don’t think she liked the response much…

What am I doing wrong?

Okay, I’m tired of beating around the bush. I’m a beautiful (spectacularly beautiful) 25 year old girl. I’m articulate and classy. I’m not from New York. I’m looking to get married to a guy who makes at least half a million a year. I know how that sounds, but keep in mind that a million a year is middle class in New York City, so I don’t think I’m overreaching at all.

Are there any guys who make 500K or more on this board? Any wives? Could you send me some tips? I dated a business man who makes average around 200 - 250. But that’s where I seem to hit a roadblock. 250,000 won’t get me to central park west. I know a woman in my yoga class who was married to an investment banker and lives in Tribeca, and she’s not as pretty as I am, nor is she a great genius. So what is she doing right? How do I get to her level?

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]]> http://vitago.org/wealth/buy-or-lease-how-an-investor-views-the-marriage-proposal/feed http://vitago.org/wealth/buy-or-lease-how-an-investor-views-the-marriage-proposal Where does your leadership stop? http://feedproxy.google.com/~r/Vitago/~3/tRtwdZOb0Lk/where-does-your-leadership-stop http://vitago.org/leadership/where-does-your-leadership-stop#comments Thu, 08 Nov 2007 21:55:16 +0000 admin http://vitago.org/leadership/where-does-your-leadership-stop I helped produce an event last weekend that involved hundreds of volunteers and participants. I had a lot of fun and stepped up for some leadership opportunities.

I’ve been thinking about the lessons I got from this experience. The most important one is that your leadership is always in action even if you aren’t in charge.

By being around other people you send signals about what you want or how you want things to be. Other people pick up on these signals and reflect them back to you.

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]]> http://vitago.org/leadership/where-does-your-leadership-stop/feed http://vitago.org/leadership/where-does-your-leadership-stop Improve your results with writing that sells http://feedproxy.google.com/~r/Vitago/~3/5E9_01qEx_E/improve-your-results-with-writing-that-sells http://vitago.org/communicating/improve-your-results-with-writing-that-sells#comments Tue, 30 Oct 2007 09:03:59 +0000 admin http://vitago.org/communicating/improve-your-results-with-writing-that-sells When you write, you are selling something. It may be an idea, your friendship or a product.

Clear writing helps you save time and eliminate waste. A clean message means your projects can be done right the first time. Your employees, vendors and other contacts will have a better idea of how to serve you.

No matter the reason you are writing… no matter the format… these tips will help you communicate better through your writing.

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]]> http://vitago.org/communicating/improve-your-results-with-writing-that-sells/feed http://vitago.org/communicating/improve-your-results-with-writing-that-sells The Balance Sheet http://feedproxy.google.com/~r/Vitago/~3/SLrA_Oa-Bec/the-balance-sheet http://vitago.org/accounting/the-balance-sheet#comments Thu, 25 Oct 2007 06:27:08 +0000 admin http://vitago.org/accounting/the-balance-sheet Friday, I covered the basics of the Income Statement. Today we’re going to look at the balance sheet. You may recall the balance sheet helps the viewer understand the status of the business by listing the types and amounts of assets, liabilities and equity. Another name for the balance sheet is the statement of financial position.

Assets put money in your pocket. Liabilities take money away. And equity is the money left after your debts are paid.

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]]> http://vitago.org/accounting/the-balance-sheet/feed http://vitago.org/accounting/the-balance-sheet Success Key: Nurture the big picture http://feedproxy.google.com/~r/Vitago/~3/HY0NHcK0ZvA/success-key-nurture-the-big-picture http://vitago.org/discipline/success-key-nurture-the-big-picture#comments Tue, 23 Oct 2007 08:49:11 +0000 admin http://vitago.org/discipline/success-key-nurture-the-big-picture One key difference I’ve noticed between leaders and everyone else is that leaders do a better job focusing on the big picture. When you get to the top level of anything nurturing the “big picture” becomes your job.

What is the big picture?

In some companies the big picture is the profits. In others the mission statement. In some organizations it’s called “higher purpose”. Whatever it’s called the big picture is really accountability and determining what you want your organization to be accountable for.

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]]> http://vitago.org/discipline/success-key-nurture-the-big-picture/feed http://vitago.org/discipline/success-key-nurture-the-big-picture The Income Statement http://feedproxy.google.com/~r/Vitago/~3/e5-wbqqKkEs/the-income-statement http://vitago.org/accounting/the-income-statement#comments Sat, 20 Oct 2007 01:39:16 +0000 admin http://vitago.org/accounting/the-income-statement I started covering some of the basic accounting terms on Tuesday. On Wednesday I covered why Rich Dad says accounting is important and that if you are financially illiterate you will be stuck where you are.

Today I want to start putting accounting into action! This is where the fun starts but I’m going to take things slow.

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